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A semi-collective rise in Gulf stocks… and the Kuwaiti market is on the election holiday

Most of the Gulf stock markets rose in the trading session, Thursday, driven by relative stability in oil prices; The continued rise in global bond yields has fueled fears of a recession.
The Abu Dhabi market index rose 0.44% to 9,782.25 points, amid transactions of 7.03 billion dirhams, while the Dubai Financial Market index fell 0.79% to 3,316.58 points, amid transactions of 869.12 million dirhams.
The Saudi index continued to rise by 1.97% to 11390.5 points, amid trading of 5.9 billion riyals.
The Kuwait Stock Exchange announced the parliamentary elections scheduled for Thursday.

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